All models, whether mental models or mathematical models, are simplifications of the real world. You know all the dynamic possibilities of this bathtub. From it you can deduce several important principles that extend to more complicated systems: As long as the sum of all inflows exceeds the sum of all outflows, the level of the stock will rise. As long as the sum of all outflows exceeds the sum of all inflows, the level of the stock will fall. If the sum of all outflows equals the sum of all inflows, the stock level will not change; it will be held in dynamic equilibrium at whatever level it
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